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the optics, as walk likes to call it of going on vacation when you have a fiscal cliff looming if you don't have an agreement are simply awful. boehner has already told the republicans that nobody is going on vacation until this thing is settled. i think the democrats will probably say, pelosi and reid will probably say the same thing to democrats. i wouldn't be surprised in congress stayed in session, maybe all the way to the 21st of december. this is going to be not to put too fine of a point on it a cliff hanger with regard to the fiscal cliff. i think there will be some movement. in other words, they would not go on vacation unless there is some agreement about what a framework will be or some way they are going to avoid basically seeing tax rates go up on january 1st and major spending cuts go in to effect. there will be some delay if they don't reach a tentative agreement by december 21st when they head home. >> i would hope so. because i think america will be really upset. at this point in time we all recognize what the implications of going over the cliff are. >> if i can just
the optics, as walk likes to call it of going on vacation when you have a fiscal cliff looming if you don't have an agreement are simply awful. boehner has already told the republicans that nobody is going on vacation until this thing is settled. i think the democrats will probably say, pelosi and reid will probably say the same thing to democrats. i wouldn't be surprised in congress stayed in session, maybe all the way to the 21st of december. this is going to be not to put too fine of a point...
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Nov 8, 2012
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economy in the fiscal cliff. >> we are hearing from democrats and republicans in congress about working together, but it remains to be seen whether they will back up the top with action. -- back up the talk wtih action. action. the dow dropped 13,000. it is that it would downgrade the u.s. credit rating if congress does nothing about the so-called fiscal cliff. compromising to be the word of the day on a compromise from leaders on both sides of the ideal. >> it is better to be of that fight. it is better to work together. republican speaker of the house signaled his party may be open to deal that includes higher taxes. to the we are willing to except the revenue under the right conditions. democratic senate majority leader harry reid wonder why the wait? >> i am not for kicking the can down the road. i did we have done up far too much. we know what the issue is, and we need to solve that issue. >> president obama looking ahead to the lame-duck session of congress next week. in washington, hallie jackson, wbal-tv 11 news. >> the 11 news eye team caught up with sheila dixon to talk about
economy in the fiscal cliff. >> we are hearing from democrats and republicans in congress about working together, but it remains to be seen whether they will back up the top with action. -- back up the talk wtih action. action. the dow dropped 13,000. it is that it would downgrade the u.s. credit rating if congress does nothing about the so-called fiscal cliff. compromising to be the word of the day on a compromise from leaders on both sides of the ideal. >> it is better to be of...
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Nov 9, 2012
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. >> we'll hear from president obama today about avoiding the fiscal cliff. will republicans agree to tax increases? tracie potts has more. >> president obama is expected to urge congress to extend the bush tax cuts right away and cooperate to avoid the fiscal cliff. >> everyone will have to come to the table in the spirit of getting something done. >> democrats may have to take the hatchet to social security and medicare. republicans may have to raise taxes on the wealthy. john boehner signaled his party is open to new revenue. >> do not raise taxes. the government will get more revenue. >> john boehner also speaks today. >> we have to watch if the speaker and president are on different planets. >> it will still create a level of uncertainty going forward until everything is determined by a new congress. >> unemployment could hit nine per 1% next year -- unemployment could hit 9.1% next year. we could be looking at 3% growth next year. tracie potts, wbal-tv 11 news. >> now insta-weather plus and traffic pulse 11 together. >> good morning. sarah caldwell chec
. >> we'll hear from president obama today about avoiding the fiscal cliff. will republicans agree to tax increases? tracie potts has more. >> president obama is expected to urge congress to extend the bush tax cuts right away and cooperate to avoid the fiscal cliff. >> everyone will have to come to the table in the spirit of getting something done. >> democrats may have to take the hatchet to social security and medicare. republicans may have to raise taxes on the...
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Dec 18, 2012
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the fast-approaching fiscal cliff. >> the president and top republicans are digging their heels into the sand. >> we will talk to a mental health expert >> you are watching wbal-tv 11 news. live, local, late breaking. this is 11 news at 5:00 p.m. with stan stovall, donna hamilton, your insta-weather plus forecast with cheap meteorologist tom tasselmyer, and sky team 11 covering -- chief meorologist tom tasselmyer, and sky team led uncovering the news where you live. >> a new normal in the town of newtown, conn. students are coming home for the first day of school after the massacre as the town buries its 20 young children. of course, the tragedy has shined a light on many issues from school security to a mental health. >> it is a real problem in this trouble -- in this country. our 11 news reporter has our report on how something we should handle mental health challenges. >> leaders across the country are struggling with how to make sure something like this never happens again. on meet the press' sunday morning, the governor of connecticut talk about mental health and gun control. >>
the fast-approaching fiscal cliff. >> the president and top republicans are digging their heels into the sand. >> we will talk to a mental health expert >> you are watching wbal-tv 11 news. live, local, late breaking. this is 11 news at 5:00 p.m. with stan stovall, donna hamilton, your insta-weather plus forecast with cheap meteorologist tom tasselmyer, and sky team 11 covering -- chief meorologist tom tasselmyer, and sky team led uncovering the news where you live. >> a...
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Nov 12, 2012
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it's either higher taxes on the wealthy or the nation goes over the fiscal cliff. >> if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire and we'll start over next week. >> reporter: this as one influential conservative called on republicans to give ground. >> let's have a serious debate. don't scream and yell. it won't kill the country if we raise taxes on millionaires. really, the republican party is going to fall on its swords to defend a bunch of millionaires, half of whom are democratic and half of whom live in hollywood? >> reporter: but john boehner would raise revenues by closing loopholes in the tax code. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> failure to agree by the end of the year would trig aerocombination of deep spending cuts and expiring tax cuts. that could mean an estimated $2,000 more in taxes next year for the typical household. the jobless rate soaring to 9.1% by the end of year and possibly another recession. boehner and the president were
it's either higher taxes on the wealthy or the nation goes over the fiscal cliff. >> if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire and we'll start over next week. >> reporter: this as one influential conservative called on republicans to give ground. >> let's have a serious debate. don't scream and yell. it won't kill the country if we raise taxes on millionaires. really, the republican party is going...
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Nov 11, 2012
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it's either higher taxes on the wealthy or the nation goes over the fiscal cliff. >> if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire, and we'll start over next year. >> reporter: this as one influential conservative called on republicans to give ground. >> let's have a serious debate. don't scream and yell where one person says, you know what? really? the republican party's going to fall on its sword? a bunch of millionaires half of whom voted democratic and half of whom live in hollywood. >> reporter: but house speaker john boehner rejects any hike in tax rates. instead he would close loopholes in the tax code. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: failure to agree by the end of the year would trigger a combination of deep spending cuts and expiring tax cuts. that could mean an estimated $2,000 more in taxes next year for the typical household. the jobless rate soaring to 9.1% by the end of the year. and possibly another recession. boehner and
it's either higher taxes on the wealthy or the nation goes over the fiscal cliff. >> if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire, and we'll start over next year. >> reporter: this as one influential conservative called on republicans to give ground. >> let's have a serious debate. don't scream and yell where one person says, you know what? really? the republican party's going to fall on its sword? a...
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Dec 5, 2012
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. >> now to washington where president obama is warning republicans not to use the fiscal cliff as a borrowing limit. both sides seem to be digging in their heels with no move to avoid the fiscal cliff. fiscal cliff negotiations have been at a stand still since monday when republicans proposed raising revenue by closing tax loopholes not by raising rates own the wealthy as the president has demanded. >> we're not insisting on rates out of spite but rather because we need to raise a certain amount of revenue. >> we can't keep borrowing mown and raising taxes and expect the problem to go away. >> with no solution in sight the white house budget is now ordering the pentagon and other an an jencies to finalize their plan to avoid massive spending cuts. >> secretary of state clinton says nato's decision missiles to turkey sends a clear message that tour ski is backed by its allies. the big concern remains an increasely desperate assad regime will turn to chemical weapons as rebel fighting rages on. the u.s. and its partners are looking to apply additional pressure on at a conference next
. >> now to washington where president obama is warning republicans not to use the fiscal cliff as a borrowing limit. both sides seem to be digging in their heels with no move to avoid the fiscal cliff. fiscal cliff negotiations have been at a stand still since monday when republicans proposed raising revenue by closing tax loopholes not by raising rates own the wealthy as the president has demanded. >> we're not insisting on rates out of spite but rather because we need to raise a...
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Nov 9, 2012
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to cooperate to avoid that fiscal cliff that andrea was just talking about. we will also hear today, in fact before the president we'll hear from house speaker john boehner on what republicans will do, how far they're willing to go. as you heard there yesterday, he talked about possible tax revenue but conservatives say he later clarified in that interview he was not talking about raising taxes on the wealthy which is what the president had proposed. what republicans want to do is implement some policies, the idea being if the economy grows people are making more money and that will create more tax revenue for the government. lynn. >>> tracie potts for us in washington. tracie, thank you. >>> here's a side of the leader of the free world. this happened on wednesday as the president thanked staffers from his campaign headquarters. this is new video from his campaign. take a listen. >> you guys worked for what i'm doing. i'm really proud of that. i'm really proud of all of you. and what you -- [ applause ] >> very emotional moment for everyone there. >>> well,
to cooperate to avoid that fiscal cliff that andrea was just talking about. we will also hear today, in fact before the president we'll hear from house speaker john boehner on what republicans will do, how far they're willing to go. as you heard there yesterday, he talked about possible tax revenue but conservatives say he later clarified in that interview he was not talking about raising taxes on the wealthy which is what the president had proposed. what republicans want to do is implement...
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Nov 7, 2012
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. >> a top priority, the fiscal cliff, billions of dollars of expiring tax cuts and spending cuts taking effective january 1. the house speaker says he is ready to stand at the president. >> it is a mandate for us to find a way to work together on the solutions to the challenges we face as a nation. >> president obama called democratic and republican leaders to reiterate his commitment to working together. >> voters legalized full-blown casino gambling in the state. it adds a sixth casino site and for the facilities to operate. david collins joins us from the newsroom with more on what is next. >> approval means a gambling license will go out for bid and cable games will be allowed at all the casinos. >> good afternoon and welcome. >> a victory lap, county executives gathering in downtown silver springs to think voters and kowtow revenues will benefit the state. >> money for transportation. health care, we're going to build a regional health care facility. >> mgm wants to open a destination resort, creating four thousand jobs. the actual site will face a competitive process. question sev
. >> a top priority, the fiscal cliff, billions of dollars of expiring tax cuts and spending cuts taking effective january 1. the house speaker says he is ready to stand at the president. >> it is a mandate for us to find a way to work together on the solutions to the challenges we face as a nation. >> president obama called democratic and republican leaders to reiterate his commitment to working together. >> voters legalized full-blown casino gambling in the state. it...
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Nov 16, 2012
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cliff. on thursday the senate minority leader republican [ female announcer ] introducing yoplait greek 100. 100% new. ♪ 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you might not believe it's a hundred calories. well ok then, new yoplait greek 100. it is so good. ♪
cliff. on thursday the senate minority leader republican [ female announcer ] introducing yoplait greek 100. 100% new. ♪ 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you might not believe it's a hundred calories. well ok then, new yoplait greek 100. it is so good. ♪
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Dec 6, 2012
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he sat down with tiffany and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessary because democrats and republicans are not coming together to solve the problem gives you a sense of the cost. >> tiffany used twitter to tell the president that her family can't afford the tax increase. back in washington, more gridlock. >> it up to the republicans to decide how long it is going to take. >> the president, he isn't interested in a balanced agreement. >> with both sides stuck on the tax hikes for the top 2%. >> i think it can be done before it does significant damage. >> he warns that they should have over a month to negotiate in 2013 before the economy falls a part. >> by mid-february it will do a lot of damage. >> anticipating the fiscal cliff and massive layoffs democrats called on lawmakers to extend jobless benefits that are going to expire this year. 25 days left, no deal yet. republican feel like they might be losing ground. the latest poll shows the majority of voters trust the president and the democratics on the issue. >> mustaches, all part of a p
he sat down with tiffany and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessary because democrats and republicans are not coming together to solve the problem gives you a sense of the cost. >> tiffany used twitter to tell the president that her family can't afford the tax increase. back in washington, more gridlock. >> it up to the republicans to decide how long it is going to take. >> the president, he isn't interested in a balanced...
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Nov 14, 2012
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goes off the fiscal cliff. 53% of those surveyed point the finger at the gop while 29% say president obama would be more to blame. >>> 20-year-old mitchell kusick of colorado has been charged with threatening to kill president obama during an october campaign event. kusick also made credible threats towards shooting and killing children at a halloween event. >>> defense secretary leon panetta has demoted the former head of the u.s. africa command general william kip ward for allegedly spending thousands of dollars on lavish travel and other travels. he will retire as a three star general and repay the government $82,000. >>> a man who made an ak cuization has now recanted his story. he says their sexual relationship was adult and consensual and clash says he is relieved. >>> well, this year's rockefeller christmas tree is on its way right now to washington, d.c., from new jersey. the 80 foot tall norway spruce survived hurricane sandy. >>> for a check on wall street, the dow fell 59 points tuesday. the s&p was down five. the nasdaq lost 20. >>> taking a look at overseas trading vlgt
goes off the fiscal cliff. 53% of those surveyed point the finger at the gop while 29% say president obama would be more to blame. >>> 20-year-old mitchell kusick of colorado has been charged with threatening to kill president obama during an october campaign event. kusick also made credible threats towards shooting and killing children at a halloween event. >>> defense secretary leon panetta has demoted the former head of the u.s. africa command general william kip ward for...
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Nov 10, 2012
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speaking of a fiscal cliff, we have to hear more beyond what we heard today. every minute that goes by without a deal is a minute that could drive us closer to the brink, and it colors my whole show now. i'm more sane about bridging the cliff than i was yesterday. but as the son of a veteran, if we don't get a deal soon, i can have a recession gift wrapped by christmas. next week is a very important week for earnings and data. kind of surprising. money is all about home building. the home builders have been the lynch pin of the now forgotten rally. those have been the stocks in the most bull mode. they have been the leaders. we will hear from two major ones. beezer is primarily in the south. not a great company. i wouldn't tell you to buy it. horton is nationwide. both hold the key to the re-ignition of the very important group. and i want to hear how badly the storms have affected the mid-atlantic biz. retail stocks have become horrendous performers of late. perhaps the area i'm most worried about is because of the storm. and the newfound gloom because of the
speaking of a fiscal cliff, we have to hear more beyond what we heard today. every minute that goes by without a deal is a minute that could drive us closer to the brink, and it colors my whole show now. i'm more sane about bridging the cliff than i was yesterday. but as the son of a veteran, if we don't get a deal soon, i can have a recession gift wrapped by christmas. next week is a very important week for earnings and data. kind of surprising. money is all about home building. the home...
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Nov 8, 2012
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in congress urging them compromise before america falls off the fiscal cliff. what's that? long-term unemployment benefits and the 2% payroll tax cut expiring. a big cut in medicare payments. and your taxes going up january 1 if congress doesn't act. plus, another $500 billion in cuts at the pentagon. boeing, the military's second largest supplier, already announced a second round of executive layoffs. >> nobody wants to see this fiscal cliff without a deal because the cuts are severe and the tax increases are severe and so we've got to find a path forward. >> reporter: on capital hill leaders signalled compromise. >> compromise is not a dirty word. i want to work together, but i want everyone to also understand you can't push us around. >> i'm not suggesting we compromise on our principles, but i am suggesting that we commit ourselves to creating an atmosphere where we can seek common ground where it exists and seize it. >> reporter: post election, the same president, the same balance of power in congress and the same problems that divided a nation. >> you mig
in congress urging them compromise before america falls off the fiscal cliff. what's that? long-term unemployment benefits and the 2% payroll tax cut expiring. a big cut in medicare payments. and your taxes going up january 1 if congress doesn't act. plus, another $500 billion in cuts at the pentagon. boeing, the military's second largest supplier, already announced a second round of executive layoffs. >> nobody wants to see this fiscal cliff without a deal because the cuts are severe and...
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Nov 14, 2012
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votes and the deal he wants to avoid the fiscal cliff. steve handelsman, wbal tv 11 news. >> still ahead tonight, hundreds second after a meningitis outbreak, and members of a house subcommittee want to know why. >> they sure do, and they also say that outbreak could have been prevented. more from capitol hill when we come back. >> but first, caught on camera. mta and a violent attack. >> how to make your security check-in process go >> on 11 news is learning more about how the mta will respond after catching a fight. mta officials tell us they do not plan on filing charges against the driver. this altercation happened on the 40 two middle river. the video has gone virus on the internet, making its way to youtube and tmz. for an arrest, a weapon must be involved, or someone must have been seriously injured. the mta investigation could result in suspension or termination of the driver. for now, she is suspended without pay. if you are looking for a way to go through security faster, the tsa is offering what they call express security check
votes and the deal he wants to avoid the fiscal cliff. steve handelsman, wbal tv 11 news. >> still ahead tonight, hundreds second after a meningitis outbreak, and members of a house subcommittee want to know why. >> they sure do, and they also say that outbreak could have been prevented. more from capitol hill when we come back. >> but first, caught on camera. mta and a violent attack. >> how to make your security check-in process go >> on 11 news is learning more...
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Nov 9, 2012
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on the so-called fiscal cliff in the white house. >> the american people voted for action, not politics as usual, to focus on your jobs, not ours, in that spirit i invited both leaders to the white house next week to build consensus. >> reporter: earlier in the day, speaker john boehner also sounded a kumbaya theme. >> i am proposing a fiscal cliff together. >> reporter: that gets its name, because at the end of the year if kopg does nothing, bush taxes expire, the payroll tax cut expires, emergency unemployment benefits end and $984 billion in automatic cuts and defense and domestic budgets are triggered. they estimate that would cause the economy to take a significant hit, raising unemployment to 9.1% by the end of next year. but the real political sticking point is taxes. the president called on congress to make tax cuts for people making less than $200,000, and drew a line in the sand. >> i refuse to accept any approach that is not balanced. and on tuesday night, we found out the majority of americans agree with my approach. >> reporter: the president was referring to the tuesday ex
on the so-called fiscal cliff in the white house. >> the american people voted for action, not politics as usual, to focus on your jobs, not ours, in that spirit i invited both leaders to the white house next week to build consensus. >> reporter: earlier in the day, speaker john boehner also sounded a kumbaya theme. >> i am proposing a fiscal cliff together. >> reporter: that gets its name, because at the end of the year if kopg does nothing, bush taxes expire, the...
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house republican leaders say a new proposal from president obama to avoid the so-called fiscal cliff is a small step in the right direction. it includes higher tax rates on incomes of $400,000. instead of $250,000, the first change in the whous proposal. >>> senator daniel inouye of hawaii has died at the age of 88 after serving in congress since his election in 1959. senator patrick leahy takes ove over. the governor will make the call. >>> nikki haley chose tim scott as the state's next start replacing jim demint. that makes scott the state's first black governor. >>> two nasa sprays craft named ebb and flow were intentionally craft into the moon yesterday. they had circled the moon almost a year. the area where they crashed was not one where others have landed before. >>> over to wall street. the dow opens at 13,235. the s&p climbed 16. and the nasdaq jumped 39. overseas, nikkei gained 94 points but the hang seng lost 18. >>> traders paused for a moment of silence. stocks of gun makers continued to slide. smith & wesson down 8%. pension giant california state teachers' retirement
house republican leaders say a new proposal from president obama to avoid the so-called fiscal cliff is a small step in the right direction. it includes higher tax rates on incomes of $400,000. instead of $250,000, the first change in the whous proposal. >>> senator daniel inouye of hawaii has died at the age of 88 after serving in congress since his election in 1959. senator patrick leahy takes ove over. the governor will make the call. >>> nikki haley chose tim scott as the...
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Dec 27, 2012
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the mood here really feels like resignation, that the fiscal cliff deadline will come and go, and no agreement reached. democrats and republicans say they want progress, but there is nothing to report. but there are plenty of recriminations about which party is to blame. the president left his family in hawaii to return to washington. with the help of the economy and a bank account of every american family on the line. but the back and forth bickering continues. >> the only people in america who don't think taxes should be raised on the ridge are the republicans who work in this building. >> make no mistake. the only reason democrats have been trying to deflect attention on to me and my colleagues over the past few weeks, they don't have a plan of their own that could get bipartisan support. >> reporter: taxes go up for every worker next week. unemployment benefits for those out of the job longest run out. deep spending cuts kick in that could hasten a recession. and that hits a nerve. >> it really upsets me, because the government is supposed to be working for the people. and i don'
the mood here really feels like resignation, that the fiscal cliff deadline will come and go, and no agreement reached. democrats and republicans say they want progress, but there is nothing to report. but there are plenty of recriminations about which party is to blame. the president left his family in hawaii to return to washington. with the help of the economy and a bank account of every american family on the line. but the back and forth bickering continues. >> the only people in...
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Dec 18, 2012
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. >>> back here in this country, back in the news, so-called fiscal cliff, 14 days away now. we keep hearing there's been movement between democrats and republicans. largely because the president seems to be budging on the question of who is rich, who will pay higher taxes. chuck todd at the white house for us tonight with more on that. chuck, good evening. >> reporter: good evening, brian. two steps forward, one step back. that's about the best way to describe the current talks between the white house and house republicans. the president and speaker boehner have never been closer to a deal, thanks to major concessions in the last 48 hours. and with the nation still mourning the tragedy in connecticut, both sides admit the tone of the negotiations has changed. >> an event like that, as tragic as it is, brings us a little closer together. >> it's not a time to put americans through more stress. >> reporter: backing away from a long-standing pledge to not raise any tax rates, boehner is now offering a deal that would raise rates on americans making more than $1 million. preside
. >>> back here in this country, back in the news, so-called fiscal cliff, 14 days away now. we keep hearing there's been movement between democrats and republicans. largely because the president seems to be budging on the question of who is rich, who will pay higher taxes. chuck todd at the white house for us tonight with more on that. chuck, good evening. >> reporter: good evening, brian. two steps forward, one step back. that's about the best way to describe the current talks...
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Nov 7, 2012
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bipartisanship -- the fiscal cliff, tax hikes and spending cuts come in seven weeks. steve handelsman, at wbal tv 11 news. quite significant changes on the way in maryland with the referendums passing on the ballot. the most controversial, in favor of same-sex marriage. 52% of maryland voters in check yes. the news brought some emotional victory chance after a hard- fought battle. kim has more on what is next. >> last night, maryland was one of four states to legalize same- sex marriage. it is the first time it has passed in an election as a valid question. this was such a heated issue, what happens now? the headquarters of marriage quality is buzzing with congratulation and energy after question 6 past, legalizing same-sex marriage. >> we are really excited. january 1, 2013, gay and lesbian couples are going to get a state-issued a marriage license. we won one of the largest coalition efforts the state has ever had. >> tuesday's election was the first time the bill has ever passed as the ballot item. the credit months of running a grass-roots campaign. >> i believe b
bipartisanship -- the fiscal cliff, tax hikes and spending cuts come in seven weeks. steve handelsman, at wbal tv 11 news. quite significant changes on the way in maryland with the referendums passing on the ballot. the most controversial, in favor of same-sex marriage. 52% of maryland voters in check yes. the news brought some emotional victory chance after a hard- fought battle. kim has more on what is next. >> last night, maryland was one of four states to legalize same- sex marriage....
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Dec 23, 2012
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before the mi fiscal cliff. what are the prospects for a fiscal cliff. what are the prospects for a solutwe know why we're here. to chart a greener path in the air and in our factories. ♪ to find cleaner, more efficient ways to power flight. ♪ and harness our technology for new energy solutions. [ female announcer ] around the globe, the people of boeing are working together, to build a better tomorrow. that's why we're here. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. >>> since we announced we were going to have the nra's wayne lapierre on the program, we received so much feedback on line, more than 40,000 saw this post alone. we'll continue to monitor that conversation online. tell us what you saw on the interview at facebook.com/meetthepress or on twitter. in the meantime
before the mi fiscal cliff. what are the prospects for a fiscal cliff. what are the prospects for a solutwe know why we're here. to chart a greener path in the air and in our factories. ♪ to find cleaner, more efficient ways to power flight. ♪ and harness our technology for new energy solutions. [ female announcer ] around the globe, the people of boeing are working together, to build a better tomorrow. that's why we're here. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is...
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Dec 18, 2012
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republicans and democrats could be closer than ever to an agreement on the fiscal cliff today. tuesday, december 18th, 2012. >>> from nbc news, this is "today," with matt lauer and savannah guthrie. live from studio 1a in rockefeller plaza. >>> and good morning. welcome to "today" on a tuesday morning. i'm savannah guthrie. >> i'm david gregory in for matt this morning. we've had some terrible news to cover recently. we have such great news this morning that we can share with everyone. our friend and colleague richard engel and his team have been freed unharmed and there they are. we look forward to talking to all of them to find out about their ordeal. >> a lot of us are exhaling this morning. of course, we'll get the latest from newtown, connecticut. natalie morales is there this morning where two more funerals for the victims of the shooting will be held today. we'll get to her, but we'll give you the latest developments. sandy hook elementary school remains closed today, but newtown's other schools are reopening this morning for the first time since the shooting. >> as for
republicans and democrats could be closer than ever to an agreement on the fiscal cliff today. tuesday, december 18th, 2012. >>> from nbc news, this is "today," with matt lauer and savannah guthrie. live from studio 1a in rockefeller plaza. >>> and good morning. welcome to "today" on a tuesday morning. i'm savannah guthrie. >> i'm david gregory in for matt this morning. we've had some terrible news to cover recently. we have such great news this...
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Dec 26, 2012
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. >> washington remains on square one in the fiscal cliff talks. >> reporter: congress reached this brink before christmas when speaker john boehner failed to get enough house republicans to support his solution, threw up his hands and said it's up to leader reid and the president. >> how we get there, god only knows. >> reporter: aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate spending cuts and restore unemployment benefits. >> what needs to happen now is for a sense of desperation among lawmakers to kick in and realize that if we go past january 1st with no deal, the markets are likely to decline in a significant way and alarm most americans. they don't want to have themselves blamed for that. >> reporter: meanwhile, public pressure is mounting. countdown clocks are springing up, and today starbucks asked employees to begin writing "come together" on coffee cups. now, speaker boehner has not yet called the house back into session. meanwhile, treasury secretary tim geithner told congressional leaders today that the nation has almost reached
. >> washington remains on square one in the fiscal cliff talks. >> reporter: congress reached this brink before christmas when speaker john boehner failed to get enough house republicans to support his solution, threw up his hands and said it's up to leader reid and the president. >> how we get there, god only knows. >> reporter: aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate spending cuts and restore unemployment...
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roping off the fiscal cliff. president obama and congress return, but they will need support from house republicans to pass the deal. is congress any closer to a compromise? >> a small village in the dominican republic has a new school thanks in part to local administrator. i have details, next. >> of baltimore school administrator is making a difference around the globe. >> this is great. she volunteered for a week in dominican republic and helped build a new school their. >> claire donehower is the assistant principal at the kennedy krieger school in baltimore. she took on another role as a volunteer in a mission to the dominican republic. >> i think it was a unique chance to take my love of working with kids and bring it into a completely different area. >> she was one of 40 volunteers chosen to complete the elementary school in a small village. they did everything from building walls with cinderblocks to painting to stuccoing. but her favorite part was interacting with the community. >> it was such a powerful
roping off the fiscal cliff. president obama and congress return, but they will need support from house republicans to pass the deal. is congress any closer to a compromise? >> a small village in the dominican republic has a new school thanks in part to local administrator. i have details, next. >> of baltimore school administrator is making a difference around the globe. >> this is great. she volunteered for a week in dominican republic and helped build a new school their....
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, a lot of incentive to come to the table, because they suggest if we do go off the fiscal cliff, legoland and another recession. something nobody wants to save. >> -- if we land in a another recession. something nobody wants to see. >> just late yesterday, the president named the secretary of housing and urban development as they go to liaison between state and local governments struggling after the super-storm and the federal government. the president promises to continue helping the victims of a sandy. he was out there yesterday touring parts of new york. a lot of people still without power. the new york governor says he plans to request $30 billion in federal aid, a lot of money but a lot of problems. >> a big announcement about the case but a federal government against bp for the mass of oil spill. was the latest? >> vp has agreed to pay 4.5 billion at the 2010 explosion of. killed 11 people. and how much money was gushing from be well. two bp employees will face manslaughter charges. eric holder sells more than half of the money from the settlement, which still has to be approved, wi
, a lot of incentive to come to the table, because they suggest if we do go off the fiscal cliff, legoland and another recession. something nobody wants to save. >> -- if we land in a another recession. something nobody wants to see. >> just late yesterday, the president named the secretary of housing and urban development as they go to liaison between state and local governments struggling after the super-storm and the federal government. the president promises to continue helping...
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cliff. treasury secretary tim geithner says the administration will allow the nation to be slammed by tax hikes and spending cuts in the new year if the republicans do not agree to raise taxes on wealthy americans. the gop slammed geithner's comments as, quote, irresponsible. >>> a new york city homeless man has been charged with second-degree murder in the death of a man pushed in front of a subway train. 30-year-old naeem davis being held without bail. he has several prior arrests and served two years in prison for robbery. on wednesday, the victim's family spoke out. his daughter said she wishes someone would've helped her father off the tracks, but said, quote, what's done is done. >>> a candle light vigil in evansdale, iowa. on wednesday, hunters discovered two bodies that are believed to be missing cousins 11-year-old lyric cook and 9-year-old elizabeth collins. they were last seen in july. they disappeared while riding their bikes. >>> kate, the duchess of cambridge has left the hospi
cliff. treasury secretary tim geithner says the administration will allow the nation to be slammed by tax hikes and spending cuts in the new year if the republicans do not agree to raise taxes on wealthy americans. the gop slammed geithner's comments as, quote, irresponsible. >>> a new york city homeless man has been charged with second-degree murder in the death of a man pushed in front of a subway train. 30-year-old naeem davis being held without bail. he has several prior arrests...
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Dec 18, 2012
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with less than two weeks to go until the fiscal cliff deadline, new signs of progress in our nation's capital. republican leaders are taking the white house's latest proposal into consideration, including in the plan a $2.4 trillion deficit reduction package and tax hikes on incomes over $400,000. this is the first time that the obama administration has changed its stance on raising rates on incomes of $250,000 and up. >>> medal of honor recipient and longtime senator daniel inouye of hawaii has passed away. after a 50-year career in the senate, the world war ii hero is being remembered for his influential role in the watergate and iran contra scandals. the first japanese american to serve in congress. was third in the line of presidential succession. he was 88 years old. >>> south carolina's governor has chosen congressman tim scott to fill the senate seed vacated by jim demint. scott is a conservative elected to congress two years ago on the wave of the tea party movement. when he is sworn in next month, scott will be the only african-american in the senate. >>> a federal judge has
with less than two weeks to go until the fiscal cliff deadline, new signs of progress in our nation's capital. republican leaders are taking the white house's latest proposal into consideration, including in the plan a $2.4 trillion deficit reduction package and tax hikes on incomes over $400,000. this is the first time that the obama administration has changed its stance on raising rates on incomes of $250,000 and up. >>> medal of honor recipient and longtime senator daniel inouye of...
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more encouraging news on the so- called fiscal cliff negotiations in washington. president obama has made an offer to change the threshold on tax increases. also calls for spending cuts. speaker boehner is expected to brief house republicans later today. daniel inouye died on monday of respiratory complications. he was the longest serving current senator and third in line to the presidency. harry reid made the announcement on the senate floor on monday evening. a storm system is now headed east. flooding and snow for denver and kansas city. even in mexico is expecting a few inches. the city of chicago is expecting a slight accumulation. >> if you drink diet pepsi, you may notice a bit of a change. they have added a second diet sweetener to the mix. the sweetness change is only intended to help prevent the taste from degrading overtime. are you feeling stressed or scrooge-ish? is that a word? americans list crowding as the biggest haul the pet peeves. that was followed by the how early holiday displays start. that brings us to our water cooler question of the day.
more encouraging news on the so- called fiscal cliff negotiations in washington. president obama has made an offer to change the threshold on tax increases. also calls for spending cuts. speaker boehner is expected to brief house republicans later today. daniel inouye died on monday of respiratory complications. he was the longest serving current senator and third in line to the presidency. harry reid made the announcement on the senate floor on monday evening. a storm system is now headed...
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. >>> with just four days left to avoid the fiscal cliff, congressional leaders heading to the white house this afternoon for key talks with president obama. nbc's capitol hill correspondent kelly o'donnell has more. kelly, good morning. >> reporter: good morning, willie. the top two democrats and republicans from the house and senate will sit down with the president middle of the afternoon. but we should tell you that behind the scenes the most senior staffers who have been given the task of negotiating have continued their conversations looking for ways to try to bring a deal together. while the elected officials know they need to be more visible. >> mr. speaker, we ought to be here working, addressing these challenges. >> reporter: under pressure to show up, even if there is no deal to consider, congress will work this holiday weekend. the deadline is so close, outgoing members have already packed up their offices and need to move out while the harsh tone is going nowhere. >> the american people, i don't think understand the house of representatives is operating without the house
. >>> with just four days left to avoid the fiscal cliff, congressional leaders heading to the white house this afternoon for key talks with president obama. nbc's capitol hill correspondent kelly o'donnell has more. kelly, good morning. >> reporter: good morning, willie. the top two democrats and republicans from the house and senate will sit down with the president middle of the afternoon. but we should tell you that behind the scenes the most senior staffers who have been...
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cliff and also to show a new reaching out to republicans. instead, he found himself on the receiving end of criticism from not one, but two former presidential rivals. >> good afternoon, everybody. >> reporter: at his first post election press conference, president obama reiterated his pledge to sit down with mitt romney, even offering him praise. >> there are certain aspects of governor romney's record and his ideas that i think could be very helpful. >> reporter: but while the president was paying him compliments, mitt romney was telling donors on a conference call a different story. romney said he was sorry we didn't win and he blamed his defeat on gifts the president had given to his most loyal voters, including african-americans, young voters, and hispanics. mr. romney said the president followed the old play book and with regards to the young people, for instance, a forgiveness of college loan interest was a big gift, adding free contraceptives were very big with young college-aged women. as for the hispanic voters, romney said free he
cliff and also to show a new reaching out to republicans. instead, he found himself on the receiving end of criticism from not one, but two former presidential rivals. >> good afternoon, everybody. >> reporter: at his first post election press conference, president obama reiterated his pledge to sit down with mitt romney, even offering him praise. >> there are certain aspects of governor romney's record and his ideas that i think could be very helpful. >> reporter: but...
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. >> good morning, america is heading towards a fiscal cliff, and president obama and republican leaders are saying there is room to compromise, but no one seems willing to back off their position on tax cuts. we're all over it, mike is at the white house. talks will be held next week, tell us everything you need to know, you only have a few minutes or less. >> both sides say they want compromise, you're right, but there doesn't appear to be any common ground on one very big issue, and that is how much should the wealthy pay in taxes. it's the key sticking point. we heard a lot about it, there's a lot of bush-era expiring tax cuts. if we go over the cliff, americans will pay more than half a trillion more in taxes next year alone. you combine that with mandatory automatic spending points, and analyst say it could mean soars unemployment next year and yes, another recession. yesterday, the two key players in all of this, the speaker of the house and president obama laid down their markers, drawing lines in the sand. >>> i'm open to compromise, but, i refuse to accept any approach that isn
. >> good morning, america is heading towards a fiscal cliff, and president obama and republican leaders are saying there is room to compromise, but no one seems willing to back off their position on tax cuts. we're all over it, mike is at the white house. talks will be held next week, tell us everything you need to know, you only have a few minutes or less. >> both sides say they want compromise, you're right, but there doesn't appear to be any common ground on one very big issue,...
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same fiscal cliff clitalks. >> reporter: senator leader harry reid and john boehner are both frosty saying it's in the other guy's court saying to avert the largest tax hike in history and reid saying it's time for house republicans to put middle class families first. >> if we go past no deal, the markets are likely to decline in a significant way and involve most americans and they don't want to have themselves blamed for that. >> reporter: already stocks have dropped three days in a row over fiscal cliff fears. from wall street to main street, it is building. >> both parties to are to blame if they don't come up with something. >> we are really in what amounts to a fiscally irresponsible position trying to please everyone and please no one at all. >> reporter: even starbucks tries to hand out advice writing "come together" on every cup. >> reporter: washington could use a warm cup of coffee on a morning like this. complica complicating conversations going forward. treasury secretary, timothy geithner says on the 31st, the u.s. will hit the credit card limit, the debt limit and wil
same fiscal cliff clitalks. >> reporter: senator leader harry reid and john boehner are both frosty saying it's in the other guy's court saying to avert the largest tax hike in history and reid saying it's time for house republicans to put middle class families first. >> if we go past no deal, the markets are likely to decline in a significant way and involve most americans and they don't want to have themselves blamed for that. >> reporter: already stocks have dropped three...
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if we're going off the fiscal cliff, we know capital gains tax rates are going higher, right? right? that's obvious. do you really think the republicans have the power to keep those capital gains rates down? apple's become a referendum on the president's power and polling. right now he has the upper hand, then he can really roll them and intends to do so. it's reasonable to take some profits so you can pay the tax man less now rather than more later. it's a wimpy thing, it's logical, makes perfect economic sense. especially if you hold apple. so the stock gets hammered. it makes sense to sell it. but let's be less emotional and even clinical about this one. first, divide apple's share price by ten, now you have a stock that got crushed down to $54. when you do that arithmetic, it isn't all that scary, is it? where does the pessimism fit in? when we have to endure the pin the tail on the selloff game, what excuses for the selloff, myriad alibis i hear from today's action. apple's losing share to google, it doesn't have the right phones in europe, nokia's making a comeback, the
if we're going off the fiscal cliff, we know capital gains tax rates are going higher, right? right? that's obvious. do you really think the republicans have the power to keep those capital gains rates down? apple's become a referendum on the president's power and polling. right now he has the upper hand, then he can really roll them and intends to do so. it's reasonable to take some profits so you can pay the tax man less now rather than more later. it's a wimpy thing, it's logical, makes...
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cliff. >> in order to garner republican support for new revenues, the president must be willing to reduce spending and shore up entitlement programs that are the primary drivers of our debt. >> reporter: while mr. obama has hinted in the past he's willing to include social security and medicare in the fiscal negotiations, the rest of his party may not go along. >> it's better to dance than to fight. it's better to work together. everything doesn't have to be a fight. everything doesn't have to be a fight. that's the way it's been the last couple of years. >> reporter: meanwhile, romney's loss has prompted hang wringing and a blame game among republicans. >> i think it's going to be a circular firing squad for the next six months in the republican party. >> reporter: republicans lost by a wide margin among latinos, african-americans, asian americans, and women. >> don't tell me the republican party doesn't have outreach, we do. but what are we supposed to do now? are we supposed to -- does that mean open the borders and embrace the illegals? if we're not getting the female vote, do we beco
cliff. >> in order to garner republican support for new revenues, the president must be willing to reduce spending and shore up entitlement programs that are the primary drivers of our debt. >> reporter: while mr. obama has hinted in the past he's willing to include social security and medicare in the fiscal negotiations, the rest of his party may not go along. >> it's better to dance than to fight. it's better to work together. everything doesn't have to be a fight....
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we face a fiscal cliff, huge issues, and there's going to have to be some kind of compromise. >> judgment day the day after the election for everybody, frankly, and i don't think that there's anyone in the house or the senate or anyone that i know and certainly not the president who wants to go off that cliff come january because it's going to be a terrible scar, not only on those individuals and on their parties, but on this country at a very crucial time, so my guess is that the president will initiate something reasonably bold, and as andrea indicated, i think there will be pressure from the outside in washington. simultaneously, there's something else under way this morning within the republican party saying we have to change. we cannot go on like this because we keep narrowing the base, and there are a lot of republicans, very senior republicans who have had success in the past and looked at that primary procedure and saw that as a prescription for what happened last night. they were running a retro campaign in the 21st century when things have changed, and the obama people were runn
we face a fiscal cliff, huge issues, and there's going to have to be some kind of compromise. >> judgment day the day after the election for everybody, frankly, and i don't think that there's anyone in the house or the senate or anyone that i know and certainly not the president who wants to go off that cliff come january because it's going to be a terrible scar, not only on those individuals and on their parties, but on this country at a very crucial time, so my guess is that the...